Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Luxembourg - 2023

Contents:

1. Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Luxembourg (CIF) - 2022
2. Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Luxembourg (FOB) - 2022
3. Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Luxembourg
4. Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Luxembourg

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Luxembourg (CIF) - 2022

In 2022, the average import price for track suits; of synthetic fibres, knitted or crocheteds amounted to $15 per unit, reducing by -24.5% against the previous year. Overall, the import price showed a slight decline. The pace of growth was the most pronounced in 2016 an increase of 41%. Over the period under review, average import prices reached the peak figure at $20 per unit in 2021, and then reduced sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($23 per unit), while the price for France ($9.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Luxembourg (FOB) - 2022

In 2022, the average export price for track suits; of synthetic fibres, knitted or crocheteds amounted to $19 per unit, declining by -12.5% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for track suits; of synthetic fibres, knitted or crocheteds decreased by -18.5% against 2018 indices. The most prominent rate of growth was recorded in 2014 an increase of 103% against the previous year. The export price peaked at $24 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($163 per unit), while the average price for exports to the Netherlands ($7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+26.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Luxembourg

In 2022, approx. 45K units of track suits; of synthetic fibres, knitted or crocheteds were imported into Luxembourg; shrinking by -23% against 2021. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +5.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 78%. As a result, imports reached the peak of 58K units, and then declined remarkably in the following year.

In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds contracted markedly to $665K in 2022. In general, imports, however, enjoyed a measured increase. The most prominent rate of growth was recorded in 2021 with an increase of 83% against the previous year. As a result, imports reached the peak of $1.1M, and then contracted significantly in the following year.

Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to Luxembourg in 2022:

1. Belgium (16.9K units)
2. Portugal (10.3K units)
3. Germany (8.1K units)
4. France (5.7K units)
5. Italy (1.6K units)
6. Netherlands (1.5K units)

Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Luxembourg

In 2022, after three years of growth, there was significant decline in shipments abroad of track suits; of synthetic fibres, knitted or crocheteds, when their volume decreased by -40.5% to 15K units. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 199%. As a result, the exports attained the peak of 25K units, and then shrank notably in the following year.

In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds declined notably to $280K in 2022. Overall, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 187%. As a result, the exports reached the peak of $538K, and then fell significantly in the following year.

Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from Luxembourg in 2022:

1. Germany (13.1K units)
2. Belgium (1.4K units)

Source: IndexBox Market Intelligence Platform